Browsing: Debts Management Office

This, according to Oguntuase, means the state is servicing the debts with an average of N1.1 billion monthly, adding that it also means about 40 per cent of the state’s allocation is deducted from source monthly.

Fayemi’s position was contained in a statement issued by the spokesman of his campaign organisation, Wole Olujobi.

The DMO in its May 2014 FGN Bond Offer Circular, said that the three-year and 10-year bonds would be settled on May 16